Zip Code

55412

City

Minneapolis, MN

Population & Migration

What is the forecasted population for Zip code 55412 Minneapolis, MN?

Population census 2020
24,402
Forecasted population 2025
26,746
9.6% vs. 2020
Forecasted population 2030
29,009
18.9% vs. 2020

Zip code 55412 Minneapolis, MN population is forecasted to grow 9.6% by 2025 (4.9 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 26,746 people for 2025 zip code 55412 Minneapolis, MN will generate a good demand for housing, which is expected to have a deficit of 1,721 houses for 2030. Vacancy rate is 4.9 points below national US average.

Total homes available 2020
9,116
Estimated total home demand in 2030
10,837
Total homes balance inventory
1,721

Average Household Income in zip code 55412 Minneapolis, MN
from Internal Revenue Service

Average household income in 2021
$73,113

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 55412 Minneapolis, MN?

County total number of drinking water violations

50

-78%

226

County total number of drinking water contaminations

9

-61%

23

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